Enterprise
News
+2
Apr 23, 2026
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4 min read
How Shoprite's Market Cap Doubled Since Checkers Sixty60
In November 2019, Shoprite was dealing with an SAP disaster and a depressed share price. That same month, it launched Checkers Sixty60. Six years later, Sixty60 does R18.9 billion in annual sales, has fulfilled 100 million+ orders, and Shoprite's market cap has roughly doubled, from around R68 billion to over R150 billion.
News
+4
Apr 8, 2026
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8 min read
96% of Africa's Mobile Money Fraud Is Caught by Customer Complaints, Not Systems – FinTech Needs to Fix That
South Africa lost R2.7 billion to banking fraud in 2024 as digital fraud attempts nearly doubled year-on-year. And across the continent, the GSMA reports that the vast majority of mobile money fraud is still detected because a customer picks up the phone, not because a system flags it. Orca Fraud, a Cape Town startup monitoring $5 billion in monthly transactions, argues the fix isn't better tools at individual companies. It's shared intelligence between them.
News
+2
Mar 20, 2026
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2 min read
The R30 Billion Pivot: How Three South Africans Built BVNK and Sold It to Mastercard
The BVNK Mastercard acquisition for R30 billion, roughly $1.8 billion, is a massive moment for South African entrepreneurship. It isn’t just about the money; it’s about three South Africans building a company in just five years and selling it to one of the biggest financial names on the planet. This deal is officially the largest stablecoin acquisition ever, even beating out Stripe’s billion-dollar purchase of Bridge.
News
+1
Mar 18, 2026
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4 min read
Skynamo Acquisition: The Stellenbosch Field Sales Platform Processing $70M a Month Just Got Acquired by ERP Giant Klipboard
Klipboard, a UK-headquartered ERP and business management software group with 55,000 customers in 74 countries, has acquired Skynamo, the Stellenbosch-built field sales platform used by nearly 1,000 manufacturers, wholesalers and distributors globally. The deal price was not disclosed. Founder Sam Clarke and the team stay on.
News
+1
Feb 20, 2026
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3 min read
Jem Launches WhatsApp Time and Attendance System for South African Workforces
The new WhatsApp-based employee clock-in system removes hardware and app barriers for attendance management
News
+1
Feb 18, 2026
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4 min read
What’s Happening to Mining in South Africa? New Data Shows a Sector Under Pressure
From falling exploration to shrinking GDP share, here’s why the world’s once-top gold exporter is losing ground so fast
News
+1
Feb 11, 2026
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2 min read
Eskom Is Developing a Bitcoin Mining Plan (But Nersa Needs to Sign Off First)
Eskom is now actively developing a framework with energy regulator Nersa to sell surplus daytime electricity to bitcoin miners. The utility's head of distribution has confirmed direct engagement with mining operators, and chairman Mteto Nyati has publicly backed the model. But a public consultation process is required before any pilot can launch, and that means this isn't happening tomorrow.
